'The Belt and Road Initiative' paves the way for lighting enterprises and analyzes the potential of Egyptian lighting market

First, open up Africa. First, open up Egypt. Egypt has become a major investment destination in Africa. In terms of economy, Egypt has a relatively high growth rate in the past two years, with 2016-Fiscal Year 2017 (July 1 to June 30 of the following year)Growth of 4. 1,2017-Fiscal Year 2018 is expected to grow by 4. 5. Under a series of reforms, Egypt's basic budget deficit has dropped to a low level in the past 10 years, the inflation rate has also dropped a lot, and foreign direct investment has increased substantially. It has become a major investment destination in Africa. The increase in the number of tourists has stimulated national consumption, and tourist souvenirs are on the market. Egypt's 'Daily News' reported on January 15, 2018 that according to Egyptian tourism officials, the number of overnight visits to Egypt reached 84 million in 2017, year-on-year growth of 155. The total number of inbound tourists was 8. 3 million, a year-on-year increase of 84. Second, for lighting, the government plans to save about 20 billion yuan in energy subsidies by 2020. Such subsidies are proposed to reduce costs and use more efficient energy facilities. Lighting electricity in Egypt accounts for more than 25 of the total electricity consumption, and residential and commercial electricity accounts for 73 of the total electricity consumption. Therefore, it is hoped that more professional intelligent lighting solutions will replace traditional lighting, achieve energy conservation. At present, the country plans to implement a major transformation of lighting around 2020, replacing traditional lighting with energy-saving products. In addition to government buildings, household lighting, and all local outdoor lighting such as districts and counties need to be fully transformed. Among them, for home lighting, Egypt has purchased 2. 0. 5 billion LED bulbs. Other projects promoted by the government also need LED products. There is a great demand for LED in the country, but where are the suppliers? In fact, there are few real LED manufacturers in Egypt, maybe only one or two, but this is far from enough, so welcome everyone to bring your products to Egypt. Specific lighting requirements include: 1. Outdoor intelligent lighting products are in great demand, such as intelligent street lamps, outdoor lighting, advertising display screens, etc; 2. The demand for new light sources to replace traditional light sources is large, such as LED bulbs, etc; 3. The demand for the overall lighting solution of the new project. Third, important: development means and platform? The government has promised to support these projects and give them certain subsidies, because they need to reduce costs and make their subsidies more effective. However, how can our suppliers seize opportunities in these projects, how to highlight their own brand advantages, product advantages, how to compete with international suppliers? Here, let's talk about the way to enter the Egyptian market: at present, there are many B2B platforms at home and abroad, and the international mainstream foreign trade platforms include Alibaba, made in China, Global Sources, etc, china lighting network is the B2B platform of domestic lighting industry. However, these platforms are mainly traders, and there are widespread cases of fierce price competition and low profits, and it is difficult to solve the problem of trust. Developing the Egyptian market and recommending Mio's 'net exhibition trade' model is an important means to enter the market. Based on the national strategy of the Belt and Road Initiative, miorante launched the 247 cross-border trade integrated service platform, which matches buyers through big data. 365 days online operation, invite buyers to the exhibition site in advance to negotiate, avoiding only three days of exhibition time. Online and offline ways to further enhance the exhibition effect. In addition, after the cooperation intention is reached on site, the products can be tested and sold through overseas warehouse delivery without domestic delivery. The entire trade process was shortened to one month, greatly improving trade efficiency. For more information, please contact miorante Business Exhibition Co. , Ltd.